Investor opportunity in the heart of Cornersville! This historic antebellum tri-plex sits on a spacious 0.5 acre lot and offers a unique chance to step into real estate investing or expand your portfolio.
The property features three units: one 2-bedroom, 1.5-bath apartment and two 1-bedroom, 1-bath units. The one-bedroom apartments are currently tenant-occupied, generating $1,100/month and $1,000/month, while the two-bedroom unit was recently leased through April 2026 at $1,300/month. With landlord-paid utilities, the property produces over $40,000 in annual gross rental income, and $30,000 net annual income.
Full of character and history, this older home comes with its share of quirks—making it an ideal fit for investors or buyers who appreciate charm and see the potential in a one-of-a-kind property. Live in the larger unit while collecting rental income from the others, or lease all three for a strong income-producing asset.
Positioned on a deep lot, the property may offer the opportunity to build an additional tri-plex or income-producing structure at the rear (buyer to verify zoning, setbacks, and feasibility), creating even more upside and long-term value.
If you’re looking for something beyond the typical cookie-cutter rental, this is a rare opportunity to own a truly interesting property with income in place and room to grow.
Active
$269,000
138 S Main St, Cornersville, TN 37047
4beds
4baths
2,074sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Three unitsHistoric antebellum tri-plex
- 2 days |
- 107 |
- 6 |
Zillow last checked:
Listing updated:
Listing Provided by:
Allie Boyde (Allison Robertson) 615-879-1623,
The Bogetti Partners 615-527-6947
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3183393
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Radiant
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Wood, Laminate
Interior area
- Total structure area: 2,074
- Total interior livable area: 2,074 sqft
- Finished area above ground: 2,074
Property
Features
- Levels: One
- Stories: 3
Lot
- Size: 0.41 Acres
- Dimensions: 70 x 258
Details
- Parcel number: 092P B 01500 000
- Zoning: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cornersville
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $140,800
- Annual tax amount: $1,616
- Date on market: 4/27/2026
- Inclusions: No Furnishing
- Total actual rent: 3400
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Listed for sale | $269,000+715.2%$130/sqft |
Source: | ||
| 12/19/2024 | Listing removed | $1,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/13/2024 | Price change | $1,100+22.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/8/2024 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 9/22/2014 | Sold | $33,000-23.3%$16/sqft |
Source: | ||
| 8/19/2014 | Price change | $43,000-4.4%$21/sqft |
Source: Keller Williams Russell Realty & Auction #1517015 Report a problem | ||
| 7/15/2014 | Price change | $45,000-6.3%$22/sqft |
Source: Keller Williams Russell Realty & Auction #1518093 Report a problem | ||
| 6/20/2014 | Price change | $48,000-2%$23/sqft |
Source: Keller Williams Russell Realty & Auction #1518093 Report a problem | ||
| 5/31/2014 | Price change | $49,000-9.3%$24/sqft |
Source: Keller Williams Russell Realty & Auction #1518093 Report a problem | ||
| 5/10/2014 | Price change | $54,000-1.8%$26/sqft |
Source: Keller Williams Russell Realty & Auction #1518093 Report a problem | ||
| 2/20/2014 | Price change | $55,000-6.8%$27/sqft |
Source: Russell Realty #1517015 Report a problem | ||
| 2/17/2014 | Listed for sale | $59,000+47.5%$28/sqft |
Source: Russell Realty #1517015 Report a problem | ||
| 10/10/2007 | Sold | $40,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,616 +5.5% | $56,320 |
| 2024 | $1,531 +7.9% | $56,320 |
| 2023 | $1,419 +0.4% | $56,320 |
| 2022 | $1,413 -1.2% | $56,320 +54% |
| 2021 | $1,430 | $36,560 |
| 2020 | $1,430 | $36,560 |
| 2019 | $1,430 +5.6% | $36,560 |
| 2018 | $1,354 0% | $36,560 |
| 2017 | $1,354 +103% | $36,560 +133.2% |
| 2016 | $667 +0.1% | $15,680 |
| 2015 | $667 +55.2% | $15,680 +55.2% |
| 2014 | $429 | $10,100 |
| 2013 | -- | $10,100 |
| 2011 | -- | $10,100 -18.4% |
| 2010 | $510 | $12,375 |
| 2009 | $510 | $12,375 |
| 2008 | $510 +6.5% | $12,375 |
| 2007 | $479 -39.2% | $12,375 -33.7% |
| 2006 | $788 +1.4% | $18,675 +1.4% |
| 2005 | $778 +7.7% | $18,425 |
| 2004 | $722 | $18,425 |
| 2003 | $722 | $18,425 +6.3% |
| 2001 | -- | $17,337 -72.9% |
| 2000 | -- | $63,949 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,416/mo
Principal & interest
$1295
Property taxes
$121
More affordability tools
Climate risks
Neighborhood: 37047
Nearby schools
GreatSchools rating
- 6/10Cornersville Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 5/10Cornersville SchoolGrades: 7-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Cornersville Elementary
- Middle: Cornersville School
- High: Cornersville School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Marshall County
- Cornersville
- 37047
- 138 S Main St






